Atria Wealth Solutions Inc. Has $893,000 Stake in Sibanye Stillwater Limited (NYSE:SBSW)

Atria Wealth Solutions Inc. lifted its position in shares of Sibanye Stillwater Limited (NYSE:SBSW) by 289.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 164,432 shares of the company’s stock after buying an additional 122,260 shares during the period. Atria Wealth Solutions Inc.’s holdings in Sibanye Stillwater were worth $893,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. GAMMA Investing LLC bought a new position in Sibanye Stillwater in the fourth quarter valued at $30,000. Signaturefd LLC grew its holdings in shares of Sibanye Stillwater by 169.0% in the 4th quarter. Signaturefd LLC now owns 17,760 shares of the company’s stock valued at $96,000 after acquiring an additional 11,157 shares in the last quarter. HTLF Bank bought a new position in shares of Sibanye Stillwater in the 4th quarter valued at about $149,000. Aire Advisors LLC increased its position in shares of Sibanye Stillwater by 24.0% in the fourth quarter. Aire Advisors LLC now owns 31,000 shares of the company’s stock valued at $168,000 after acquiring an additional 6,000 shares during the last quarter. Finally, International Assets Investment Management LLC raised its holdings in Sibanye Stillwater by 46.6% during the fourth quarter. International Assets Investment Management LLC now owns 43,500 shares of the company’s stock worth $236,000 after acquiring an additional 13,834 shares in the last quarter. 34.93% of the stock is currently owned by institutional investors.

Sibanye Stillwater Stock Performance

Sibanye Stillwater stock opened at $4.70 on Friday. The company has a current ratio of 1.70, a quick ratio of 0.97 and a debt-to-equity ratio of 0.49. The stock has a 50-day simple moving average of $4.74 and a 200 day simple moving average of $4.87. Sibanye Stillwater Limited has a 52 week low of $3.85 and a 52 week high of $9.88.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Royal Bank of Canada decreased their price target on Sibanye Stillwater from $6.00 to $5.00 and set a “sector perform” rating for the company in a research note on Friday, March 1st. Jefferies Financial Group cut shares of Sibanye Stillwater from a “buy” rating to a “sell” rating in a research note on Wednesday, March 13th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, Sibanye Stillwater presently has a consensus rating of “Hold” and a consensus price target of $6.00.

Sibanye Stillwater Profile

Sibanye Stillwater Limited, together with its subsidiaries, operates as a precious metals mining company in South Africa, the United States, Europe, and Australia. The company produces gold; platinum group metals (PGMs), including palladium, platinum, rhodium, iridium, and ruthenium; chrome; nickel; and silver, cobalt, and copper.